Royal Dutch Shell (RDSa.L) said on Monday it would sell its Permian Basin assets to ConocoPhillips (COP.N) for $9.5 billion in cash, an exit from the largest U.S. oilfield for Continue Reading
Royal Dutch Shell has agreed to sell its business in the Permian Basin, the biggest oilfield in the US, to rival ConocoPhillips for $9-5bn in cash. The Anglo-Dutch oil supermajor Continue Reading
Add one of the most respected figures in the oil and gas industry to those predicting that demand for petroleum products is nearing its peak. IHS Markit, of which Pulitzer Continue Reading
Scott Sheffield, CEO of Pioneer Resources, speaks during the IHS CERAWeek 2015 energy conference in Houston, Texas April 21, 2015. REUTERS/Daniel Kramer Sept 17 (Reuters) – Top U.S. shale oil Continue Reading
The number of oil and gas rigs in the United States rose by 9 this week, according to Baker Hughes —after gaining 6 last week. The total rig count is Continue Reading
U.S. inventories of crude oil and the most used refined oil products have now fallen to below the 2018 levels, energy research service HFI Research has pointed out . U.S. Continue Reading
Several progressive House Democrats introduced this week a bill seeking to mandate the Fed to ban banks from funding all fossil fuel projects after 2030, and require the systemically important Continue Reading
Highlights Shell restored production to Perdido platform Chevron restarting Petronius platform About 95% of power restored in Louisiana after Ida Less than a quarter of crude production remains offline in Continue Reading
U.S. Gulf Coast crude oil exports are flowing again after recent hurricanes took out 26 million barrels of offshore production, according to sources and Refinitiv Eikon data, with local prices Continue Reading
Highlights Oil rigs up one at 499 Gas rigs climb five to 136 Tellurian plans new Haynesville wells The US oil and gas rig count climbed six to 635 in Continue Reading
